The MND Q&A is a collaborative content project that unites our professional and consumer audience to answer their mortgage, real estate and housing questions. More »
- 10,000+ new unique visitors daily
- 60,000+ industry professionals
- 2000+ questions answered


If a home buyer’s closing date arrives and the buyer’s loan is not approved yet, does the seller have to continue to honor the contract, if the buyer is still trying to get the loan? If so for how long?Can the buyer accept another contract without being liable to the first buyer?